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St. Joe Company JOE Commercial — Operating Lease Lease Income

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Other financials

Income statement

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Revenue$158.8M+23.0%
Gross profit$73.4M+32.6%
Operating income$54.8M+48.2%
Net income$40.5M+37.1%
EPS (diluted)$0.71+39.2%

Balance sheet

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Cash & equivalents$117.3M+33.1%
Total debt$2.2M-43.7%
Total equity$764.5M+3.5%
Total assets$1.5B-2.6%

Cash flow

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Operating cash flow$43.9M+41.4%
CapEx$977.0K-27.8%
Free cash flow$43.0M+44.6%

Valuation

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Market cap$3.84B+31.7%
Enterprise value$3.72B+31.5%
P/E31.2×-4.0×
P/S+0.2×

Profitability

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Gross margin44.1%+3.2pp
Operating margin30.2%+6.5pp
Net margin22.5%+3.1pp
FCF margin38.7%+12.7pp

Returns & leverage

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Return on equity16.4%+4.9pp
Debt / equity0.0×

Where this comes from

Reported directly by St. Joe Company in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

The source filing: St. Joe Company’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088152
Line itemResidentialHospitalityCommercialOtherTotal
Revenue by Major Good/Service:
Real estate revenue$52,837$3,560$7,884$5,302$69,583
Hospitality revenue74,22974,229
Leasing revenue1,14113,76411215,017
Total revenue$52,837$78,930$21,648$5,414$158,829
Timing of Revenue Recognition:
Recognized at a point in time$52,837$62,072$7,884$5,302$128,095
Recognized over time15,71715,717

Item 1. Financial Statements (Unaudited)

FAQ

What is St. Joe Company's commercial — operating lease lease income?
St. Joe Company (JOE) reported commercial — operating lease lease income of $13.76M in Q2 2026.
How has St. Joe Company's commercial — operating lease lease income changed year-over-year?
St. Joe Company's commercial — operating lease lease income decreased by 10.1% year-over-year, from $15.32M to $13.76M.
What is the long-term trend for St. Joe Company's commercial — operating lease lease income?
Over 4 years (2021 to 2025), St. Joe Company's commercial — operating lease lease income has grown at a 22.1% compound annual growth rate (CAGR), from $26.6M to $59.07M.
What does commercial — operating lease lease income mean?
Measures the recurring revenue generated from leasing commercial properties to tenants under operating lease agreements. It serves as a primary indicator of the stability and growth of the segment's rental income stream.

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